Coppell Advisory Solutions LLC purchased a new stake in Vanguard Utilities ETF (NYSEARCA:VPU – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 3,049 shares of the company’s stock, valued at approximately $597,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Western Wealth Management LLC lifted its position in shares of Vanguard Utilities ETF by 1,008.4% during the 4th quarter. Western Wealth Management LLC now owns 16,028 shares of the company’s stock valued at $2,966,000 after acquiring an additional 14,582 shares during the period. Lido Advisors LLC grew its holdings in Vanguard Utilities ETF by 6.1% in the fourth quarter. Lido Advisors LLC now owns 70,379 shares of the company’s stock worth $13,167,000 after purchasing an additional 4,061 shares during the period. Legacy Financial Group LLC acquired a new stake in Vanguard Utilities ETF in the fourth quarter worth $3,868,000. Janney Montgomery Scott LLC grew its holdings in Vanguard Utilities ETF by 9.6% in the first quarter. Janney Montgomery Scott LLC now owns 51,840 shares of the company’s stock worth $10,272,000 after purchasing an additional 4,543 shares during the period. Finally, Bard Associates Inc. increased its stake in Vanguard Utilities ETF by 24.8% in the fourth quarter. Bard Associates Inc. now owns 26,886 shares of the company’s stock valued at $4,975,000 after purchasing an additional 5,349 shares in the last quarter.
Vanguard Utilities ETF Trading Up 0.8%
Shares of NYSEARCA VPU opened at $186.07 on Friday. The firm’s 50-day moving average price is $192.27 and its 200-day moving average price is $195.66. Vanguard Utilities ETF has a 1-year low of $178.51 and a 1-year high of $206.10. The firm has a market capitalization of $8.24 billion, a P/E ratio of 20.60 and a beta of 0.59.
Vanguard Utilities ETF Profile
Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.
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